For Entrepreneurs

“Entrepreneur Works helped us get our business off the ground. We are so grateful for their help and support throughout this process.”

Edward Morgan, EK Morgan By Design

Business Tools

Business Tips

Mar
22nd

Entrepreneur Works’ Statement on the Elimination of CDFI Funding in the 2018 Federal Budget Proposasl

By team_eworks

In response to the current administration’s proposal to eliminate funding for the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) grants, Entrepreneur Works would like to highlight the impact of the CDFI Fund on the southeastern Pennsylvania region. Since 1998, Entrepreneur Works has dispersed $1.6 million  dollars to businesses in Philadelphia, Chester, Bucks, Delaware, and Montgomery

Mar
15th

Client Profile: Petrina Booker delivers hot, fresh crabs in Chester

By team_eworks

Situation Former dental school student, Petrina Booker, was in search of a new way to make people smile. She began selling fresh blue crabs door-to-door and her business quickly grew popular. She purchased a truck to increase her sales efficiency; however, she did not have the capital necessary to convert the vehicle into a delivery truck

Whether you’re just starting out or you’ve been in business for a while, our Loan Department will be happy to speak with you about your financing needs. Our loan products are designed to help entrepreneurs take their businesses to the next level. Clients typically use loan funds for machinery, equipment, furniture and fixtures, inventory, business acquisition, working capital and startup costs.

Pre-sales Less than one year More than one year
Yes No
Yes No

Women Entrepreneurs Loan up to $50,000

•Special interest rate discount for majority women-owned businesses that have been in operation for two or more years.

•Terms of repayment: up to 6 years (Fact Sheet)

•Typically used for business expansion, construction/renovation, inventory, working capital, or machinery/equipment.


Small Business Loans up to $50,000

•Terms of repayment: up to 6 years (Fact Sheet)

•Typically used for business expansion, construction/renovation, inventory, working capital, or machinery/equipment.


Machinery and Equipment Loans up to $50,000

•Terms of repayment: up to 6 years

•Typically used for business expansion through the purchase of new equipment (production machinery, computers, vehicles, etc.)


Startup Loans up to $15,000

•Terms of repayment: up to 4 years

•Designed for businesses that have operated for less than one year. Typically used for inventory, construction/renovation, working capital, or machinery/equipment.


Benefits of all Entrepreneur Works Loans

•Flexible application criteria and affordable rates designed to address the needs of low- to moderate-income business borrowers.

•Build/strengthen borrower’s credit score (if repayment criteria are met).

•Small business consulting offered to clients upon request.

•No early repayment penalties.


For more information about our loans, please contact Katya Noreika, Loan Officer at (215) 545-3100, Ext. 226 or knoreika@entre-works.org. 

Training

Our instructors are experienced business owners and have plenty of experience with training entrepreneurs. Our classes and workshops will help you take your business to the next level.

Classes

We offer multi-week business skills courses several times each year at our Philadelphia and Chester office locations. The Start It. Grow It. course aims to improve business performance by teaching practical considerations for starting a new business including defining a target market, pricing and business legal structures. The course has a flexible learning model and an emphasis on “learning by doing."

For more information about our Start It. Grow It. multi-week course, please click here.

Workshops

We also offer a range of one-time workshops. Past topics have included “Getting my Idea to Fly,” credit building, digital marketing, social media, alternate sources of financing, patents, and copywriting. For more information about our upcoming workshops, please click here.

Events

Entrepreneur Works posts our own events and those of our partners. Please click on an event below for more information and registration details.

Mar
27th

Roadmap For Growth: The Impact of Immigrant Entrepreneurship

5:00-7:00pm

As Philadelphia immigrants are 41% more likely to own a business than their U.S. born counterparts, immigrant entrepreneurs have been integral to the growth of the city’s neighborhoods and communities. Clusters of these Main Street business owners - in areas like the Italian Market on Ninth Street, El Centro de Oro on Fifth & Lehigh, and 52nd Street in West Philadelphia - have played a pivotal role in reversing or stabilizing population decline and revitalizing struggling business districts.

Business and civic leaders are invited to join the conversation as we bring together established immigrant business owners across Philadelphia to discuss their lessons learned and guide how we can support future growth and create more opportunity for immigrant entrepreneurship.

This program is part of the City of Philadelphia's Office of Immigrant Affairs first ever Immigrant Business Week (March 27 – April 1).

FEATURED SPEAKERS:
Joanna Otero-Cruz ,Deputy Managing Director for Community Services, City of Philadelphia
Pedro Ramos, President & CEO, The Philadelphia Foundation

PANELISTS:
Jude Arijaje, President, Minuteman Press
Mariella Giovanucci, President, Fante's
Dr. Beatriz Mirabal Garces, Owner, Garces Dental Group & Founder, The Garces Foundation
Yasmine Mustafa, CEO, ROAR
Moderated by: Steve Tang, President, University City Science Center

Location:
Fleisher Art Memorial
719 Catharine Street
Philadelphia, PA 19147

Price: $35

 

Apr
1st

CO-UP: a community teach-in for cultivating economic justice

Partner Event 10am-4pm











Be one of 300+ engaged, spirited people at this extraordinary teach-in designed to cultivate economic justice in the Philadelphia area.

You'll meet community organizers, cooperators, activists, artists, farmers, bookkeepers, construction workers and more — all of them building economic control block by block as they start cooperative businesses. Learn, connect, network, and share your ideas at this cross-class, multi-racial, intergenerational gathering.




















Panel: Learning from our past to cultivate economic justice for our future


Members of 20 Book Clubs → 20 Cooperative Businesses reflect on six months of studying co-ops and what it means to build new businesses while resisting oppression.

Workshops on how to pool resources to gain power



  • Introduction to cooperatives

  • Getting it together: business formation for co-ops

  • Social media & shoestring marketing

  • Cooperatives as a Tool for Black Liberation

  • How to fund a co-op (when you don't have a lot of money)

  • Community control of neighborhood land

  • Voices of worker-owners

  • more to be announced!








Keynote Speaker: Dr. Jessica Gordon Nembhard


Registration
Sliding scale entry $5-65 includes:




  • Childcare

  • Cooperative activities for kids

  • Delicious lunch from South Philly Barbacoa

  • Spanish interpretation


Location
Universal Audenried Charter High School
3301 Tasker Street
Philadelphia, PA  19145








Apr
5th

Financial Matters and Accounting

6:30pm

This workshop will review:


  • The importance of financial planning for a small business

  • Building a financial model, including start-up costs, ongoing operations expenses and sources of revenue

  • Key financial concepts as they relate to your business

  • Financial statements commonly used in business operations


Presented by Gary O'Brien, SCORE Mentor and Instructor

The event is free, but please register by calling 215-686-5394 or go to https://financialmattersandaccounting.eventbrite.com

Presented in partnership with SCORE Philadelphia

Location
Skyline Room, 4th Floor
Parkway Central Library
1901 Vine Street
Philadelphia, PA  19103

May
1st

15th Annual Taste of Success

Entrepreneur Works Event featured 6-8pm

TOS 2017 - Posting Img1

Taste of Success is Entrepreneur Works' annual cook-off/bake-off contest, networking event, cocktail party, and prime opportunity to connect with our clients over tasty treats. We invite 12 early-stage food entrepreneurs to compete for cash prizes, and we invite you to help us celebrate their achievements!

In business, entrepreneurs are forced to think outside of the box to find creative solutions to problems and achieve success. This year, we’re asking our contestants to serve up Creative Combos to show us how unexpected flavors can lead to delicious surprises, and share how thinking unconventionally influenced their experience as an entrepreneur.

At Entrepreneur Works, we are consistently impressed with our clients who think creatively to overcome obstacles and improve their business. Their unconventional thinking motivates us every day to develop creative ways to serve them through small business lending, training, and relationship-building services.

YOU get to sample the contestants' offerings before voting for our People's Choice and Most Innovative Awards! The event will also feature a unique raffle , an open bar, catered snacks and more.

 

Early bird tickets are available through April 1st, 2017 for a discounted price of $70! Purchase yours today!


 

Want to help us make Taste of Success 2017 our best event yet? Sponsorship and volunteer opportunities are available! Please contact President & CEO Leslie Benoliel at (215) 545-3100, Ext. 223 or lbenoliel@entre-works.org for more information.

 

Confirmed Sponsors (as of 3/2/17):

$1,000 (Taste of Success Contestant) Level:

Hotaling Investment Management LLC

TechGuides

Urban Partners

In Kind Sponsor

Incarnate Coffee